THE SMART NEWS SOURCE | Feb 10 2012 12:40 | LAST UPDATED Feb 10 2012 12:40 |
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Reserve Bank has tough call on high CPIThe Reserve Bank will have to time interest rate tightening carefully as inflation was high in March and retail sales growth slowed in February. March inflation at nine-month high on food pricesSouth Africa's headline consumer inflation accelerated more than expected to a nine-month high in March, mainly driven by higher food prices. Reserve Bank is watching inflation, says MmineleSouth Africa will monitor the effects of higher oil and food prices on inflation to determine when policy adjustments need to be made. Investing for inflation: Part OneSmart Money investigates inflation-beating investments. This week, we look at income funds. Marcus: Reserve Bank will not be soft on inflationSouth Africa's central bank will not be soft on inflation, Reserve Bank governor Gill Marcus said on Tuesday. SA inflation steady at 3,7%South Africa's annual inflation rate remained unchanged at 3,7% in February, within the government's target range of 3% to 6%. The Walmart pledgeThe retailer is famous for reducing inflation by 1% through efficiencies in the markets. Why isn’t government rolling out the red carpet? Asset managers share their predictionsAsset managers are bullish on shares and believe the rand will continue to weaken. They also think inflation may rise. Experts differ on inflationThere is a sharp divide between those economists who view the jump in oil and food prices as part of a trend that will bring higher inflation. Data show signs of 'unexciting' recovery"The growth figures underline the fragile nature of recovery. Further easing in monetary policy is still possible if growth disappoints again". |
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